Determine Whether the Two Binomials Are or Are Not Opposites

question 174

Multiple Choice

Determine whether the two binomials are or are not opposites.
-6x + 7 and -6x + 7

• A) Opposites
• B) Not opposites

Discern the impact of unrealized holding gains and losses on net income and equity, depending on the category of the investment.

Grasp the rules for consolidation, including the percentage of ownership that generally signifies control.

Distinguish between equity securities that do and do not qualify as investments in securities (e.g., common stocks, preferred stocks, convertible bonds, stock options).

Interpret how to account for investments in debt securities, exempting certain securities that don’t qualify.

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Definitions:

Financial Assets

Resources having economic value that are held by an individual or corporation, primarily including stocks, bonds, and cash equivalents.

Entrepreneur

A profit-seeking decision maker who starts with an idea, organizes an enterprise to bring that idea to life, and assumes the risk of the operation

Profit

Reward for entrepreneurial ability; sales revenue minus resource cost.

Tangible

Refers to physical assets or goods that can be seen, touched, and valued, as opposed to intangible assets like intellectual property.